Written by ForexBrokers.com
In this head to head comparison of eToro vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
In the eToro vs Spreadex comparison, eToro (founded 2007) is publicly traded, while Spreadex (founded 1999) is not; neither company is a bank. Based on ForexBrokers.com, eToro’s Trust Score is 96 out of 99, placing it in the highly trusted range (90–99), whereas Spreadex scores 71, which falls into the average risk range (70–79).
On regulation, eToro holds 4 Tier-1 licenses and 1 Tier-2 license, compared with Spreadex’s 1 Tier-1 license and no Tier-2 licenses. Because Tier-1 regulators are considered highly trusted and Tier-2 regulators are considered trusted by ForexBrokers.com, eToro’s broader licensing suggests wider regulatory coverage than Spreadex.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Year Founded | 2007 | 1999 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Comparing commissions and fees, eToro is a market-maker with a typical variable spread of 1 pip on EUR/USD, which is slightly higher than the industry average. Spreadex reported an average EUR/USD spread of 0.81 pips in January 2024, with a 0.6-pip minimum reached 60% of the time that month. That means Spreadex often shows tighter pricing on EUR/USD, while eToro’s appeal tends to be its social copy trading platform rather than headline spreads.
For cost scores, eToro earns 4.5 out of 5 stars and ranks #23 out of 63 brokers for Commissions and Fees. Spreadex earns 4 out of 5 stars and ranks #28 out of 63 in the same category.
Active balance holders may weigh extras: eToro’s VIP Club spans five tiers (Silver to Diamond) for balances from $5,000 to $250,000, offering benefits such as access to Trading Central, discounted withdrawal and deposit fees, and a dedicated account manager. These perks can help with non-trading costs, but they do not change eToro’s quoted spreads.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 |
| Average spread (EUR/USD) - Standard account | 1 | 0.81 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
eToro vs Spreadex: both brokers cover forex as CFDs or spot and both earn 5 stars for range of investments. Spreadex lists more total instruments (10,000 vs 7,441), while eToro offers slightly more forex pairs (55 vs 52). eToro also adds copy trading, which Spreadex does not provide.
For shares and crypto, eToro lets you buy real stocks on U.S. and international exchanges and also supports both real crypto and crypto CFDs. Spreadex focuses on derivatives, so it does not offer share dealing and only supports crypto via CFDs. In ForexBrokers.com’s Range of Investments rankings, eToro is #11 and Spreadex is #14 out of 63, reflecting eToro’s appeal if you want real share ownership and social investing, and Spreadex’s appeal if you want a very large list of derivative markets.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 10000 |
| Forex Pairs (Total) | 55 | 52 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
eToro and Spreadex both make it easy to get started with a free demo account for paper trading. Each broker runs its own proprietary trading platform and offers a web-based experience, so you can trade in your browser without installing a Windows desktop app. Neither broker supports MetaTrader 4 (MT4) or MetaTrader 5 (MT5), and both let you place trades directly from a price chart.
Where they differ is copy trading: eToro offers built-in copy trading, while Spreadex does not. According to ForexBrokers.com, eToro earns 4.5 stars and ranks 8th out of 63 brokers for Trading Platforms and Tools, whereas Spreadex holds 4 stars and ranks 47th. If copy trading and higher-rated platform tools matter to you, eToro stands out; if you simply need a clean web platform with a demo account, both fit the bill.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | Yes |
| Desktop Platform (Windows) | No | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | No | No |
| MetaTrader 5 (MT5) | No | No |
| Charting - Indicators / Studies (Total) | 106 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing eToro vs Spreadex for mobile trading, both brokers offer iPhone and Android apps and support price alerts. The big difference is watchlists: eToro syncs your watchlist between the app and web platform, while Spreadex does not. In overall scores, eToro earns 4.5 stars and ranks #10 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, while Spreadex earns 4 stars and ranks #47.
For charting on the go, eToro lists 104 technical studies in its app but does not let you draw trendlines. Spreadex does allow trendline drawing, though it doesn’t provide a count of available studies. Neither app auto-saves chart drawings. If synced watchlists and a wide range of indicators matter most, eToro is the stronger fit; if you primarily want quick trendline drawing, Spreadex may suit you.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | N/A |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Trendlines Autosave | No | No |
Dive deeper: Best Forex Trading Apps.
Comparing eToro vs Spreadex for market research, both brokers deliver daily market commentary, top-tier forex news from sources like Bloomberg, Reuters, or Dow Jones, sentiment tools that show long/short positioning, and an economic calendar. The key differences come from their third‑party research suites: eToro includes Trading Central and TipRanks, while Spreadex offers Autochartist. Neither broker features Acuity Trading (Signal Centre).
For overall research quality, eToro holds an edge with a 4.5-star rating and a #13 ranking out of 63 brokers by ForexBrokers.com, versus Spreadex at 4 stars and #32. Choose eToro if you want Trading Central’s analyst insights plus TipRanks stock research alongside news and sentiment. Pick Spreadex if Autochartist’s pattern-recognition tools are a priority while still getting news, commentary, and sentiment data.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing eToro vs Spreadex on education, eToro pulls ahead. eToro runs monthly live webinars and offers at least 10 beginner videos plus a solid set of advanced videos, making it easier to keep learning as your skills grow. This depth is reflected in its 4.5-star Education rating and #5 ranking out of 63 brokers by ForexBrokers.com. Spreadex provides at least 10 beginner videos, but it does not host monthly educational webinars and lacks a comparable advanced video library, aligning with its 4-star rating and #45 ranking.
If you want ongoing guidance and a clear path from beginner to more experienced trading, eToro’s mix of webinars and videos can be more helpful. Spreadex can cover the basics for new traders, but if you expect to move into advanced forex and CFD topics, eToro’s education lineup is more complete.
| Feature |
eToro
|
Spreadex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Spreadex. eToro finished with an overall rank of #9, while Spreadex finished with an overall rank of #39.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
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Spreadex
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|---|---|---|
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| Trust Score | 96 | 71 |
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In the eToro vs Spreadex comparison for cryptocurrency trading, eToro lets you buy actual (delivered) crypto alongside crypto CFDs, while Spreadex restricts you to cryptocurrency CFDs only.
In the eToro vs Spreadex comparison, eToro supports ACH/SEPA transfers, PayPal, and Skrill alongside bank wire transfers, while Spreadex offers bank wires only and does not support ACH/SEPA, PayPal, or Skrill.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | eToro | Spreadex | |
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| Trust Score | 96 | 71 | |
| Winner | check_circle | ||
| Review | eToro Review | Spreadex Review |
| Broker Screenshots | eToro | Spreadex | |
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| Regulation | eToro | Spreadex | |
|---|---|---|---|
| Trust Score | 96 | 71 | |
| Year Founded | 2007 | 1999 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | eToro | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | eToro | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 10000 | |
| Forex Pairs (Total) | 55 | 52 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | eToro | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1 | 0.81 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | Yes | |
| Desktop Platform (Windows) | No | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | No | No | |
| MetaTrader 5 (MT5) | No | No | |
| cTrader | No | No |
| Trading Tools | eToro | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | N/A | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Trendlines Autosave | No | No | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | eToro | Spreadex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | Spreadex Review |
| Overall | eToro | Spreadex | |
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| Trust Score | 96 | 71 | |
| Winner | check_circle | ||
| Review | eToro Review | Spreadex Review |
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